Asset Management

Preqin lost £30.2m ahead of BlackRock takeover

The London-based data firm has become key to BlackRock’s private markets push

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The fund giant might be on the up, but one of its key buys turned to a loss last year Photo: Michael Nagle/Bloomberg/Getty Images

Private markets data group Preqin widened its annual loss to more than £30m ahead of its takeover by BlackRock earlier this year.

London-based Preqin’s holding company made a pre-tax loss of £30.2m in 2024, compared with a loss of £8.4m a year earlier, according to newly published registry filings.

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